Paras Defence IPO Date, Review, Price, Form & Market Lot Details

Paras Defence and Space Technologies Limited IPO to hit the market on 21 September as per the RHP documents filed with SEBI. The Paras Defence IPO comprises ₹140.6 crore of fresh issue and the offer for sale up to 1,724,490 equity shares of ₹10. The IPO to close on 23 September. The company might list on the indices on 1 October.

Paras Defence and Space Technologies is India’s most progressive Tier 2 defence engineering company. The offer wide range of defence products and solutions. They are the only manufacturer of Infrared Optics in large quantities in India. They are contributing prestigious Defence & Space Programs of our country. They are involved in five verticals namely Defence & Space Optics, Defence Electronics, Heavy Engineering, Electromagnetic Pulse Protection Solutions and Niche Technologies. Check out Paras Defence IPO details.

The Expected Subscription for the Paras Defence IPO might be 150x in Retail and 500x in NII.

Important Details:

• 40+ Years of sustained business growth in Defence & Space Engineering area
• Only manufacturer of Infrared Optics in large quantities in India
• Manufacturing setup with 400+ workforce
• IPO funds will be utilized to buy machinery and equipment, working capitals, reply of borrowings and general corporate purposes

Customer List has big names: Isro, Defence R&D Organization, Bharat Electronics, Cochin Shipyard, Hindustan Aeronautics Limited, Garden Reach Shipbuilders & Engineers, Bharat Dynamics Ltd, BrahMos, CSIR NAL, Electronics Corporation of India Limited, Goshi, Goa Shipyard, Hindustan Shipyard Limited, iia, Indian Institute of Astrophysics, Mado, Mazagon Dock Shipbuilders Ltd, National Physical Laboratory, Ordnance Factory Board, Sameer, Israel Aerospace Industries, Elbit Systems, Rafael Advanced Defense Systems, STELOP, L3 MAPPS, Safran, Chaban Group, Advanced Mechanical and Optical Systems, TAE YOUNG OPTICS, Alpha Design Technologies, Godrej & Boyce, Kirloskar Group, L & T, MKU, Premier Explosives Limited, Solar, Solar Industries, Tata Consultancy Services, TATA Power, ASTRA RAFAEL COMSYS PVT LTD.

Paras Defence IPO Review

• Apply with Short Term & Long Term View

Brokerage Firm IPO Reviews

• Axis Bank: Neutral
• Capital Market: May Apply 
• Choice Broking: Apply
• Hem Securities: Apply
• JM Financial: Neutral
• Reliance Securities: Neutral
• Religare Broking: Neutral

Paras Defence IPO Date & Price Band

Paras Defence IPO Market Lot

Paras Defence IPO Date, Time Table, Allotment & Listing

Paras Defence IPO Form

How to apply the Paras Defence IPO? You can apply Paras Defence IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Paras Defence IPO in the Invest section. The other option you can apply Paras Defence IPO via IPO forms download via NSE and BSE. Check out the Paras Defence forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Paras Defence Company Financial Report

Company Promoters

• Sharad Virji Shah
• Munjal Sharad Shah

Paras Defence IPO Registrar

Link Intime India Private Limited
C-101, 1 st Floor
247 Park, L.B.S Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: parasdefence.ipo @linkintime.co.in
Investor grievance E-mail: [email protected]
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058